Signings, Suggestions & Rumours Discussion

Fainu Brothers said:
If he is the chosen one, please give him so quality time there now
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Fainu Brothers said:
If he is the chosen one, please give him so quality time there now…
Click to expand...
Jerome would need to step aside, cause as much as most people don't rate him in the half's AD looks more of a threat than Jerome.Team first ,Jerome #13 AD and Fainu in the half's🤪
 
king_sirro said:
Media always lie.

Sam got more than Latu. Not sure on Sams contract, and to be fair I cant put my life on Latu's, but starting around 200k came from a good source
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I never heard any variation from the $500k a year until now ..thought this was money Scott Fulton offered them … and he wasn’t known for his frugalness ..

Personally I don’t gaf what he is on … Im more interested in the collective figure rather than the individual …. Having to be in a position to move players on to free up more cash to offer Samuel a sweetener to sign early doesn’t paint a great picture for an average at best squad .
 
king_sirro said:
Back when they signed my brother knew someone at the club and my brother new I had been following Latu since he was 15. The info then was the media report of 500k a year was just the final year and it started closer to 200k in year 1. This forum has had many posters cling to that price tag to bag the output of Latu despite being corrected many times. Not having a shot at you, its easy to miss some posts and you certainly cant read them all, but others have been told and refuse to take it in because it doesnt suit their need to criticise a kid who a coach wont use properly.
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All good mate. New information for me. Appreciate the explanation.
 
Suggestions around that this apparent $500k which we're chipping in is split between this season's cap (i.e. $300k) & next season's cap which is where the $200k came from.

If we had spare cap space for this season, it is smart cap management by the club to front-load $300k of the $500k.
 
How $3 million PNG third party deal triggered Jarome Luai’s early exit from Tigers

It is the $3 million third-party deal with Papua New Guinea that convinced Wests Tigers to jettison Jarome Luai.

Luai’s impending third-party commitments to his future NRL employer, PNG, and the multimillion-dollar ramifications for the Tigers, was a critical factor in the joint-venture club’s decision to part ways with the playmaking superstar.

Luai will embark on a one-year cameo with the Eels next season before taking up a tax-free, $3.6 million, three-year deal to spearhead the Chiefs in their foundation year in the NRL in 2028.

But while Luai’s debut with the Chiefs is still 18 months away, it is a mega third-party deal, brokered with a PNG corporation, that sealed his fate at the Tigers.

The lucrative third-party agreement (TPA), said to be worth north of $3 million, tax-free, over a four-year period, will be activated from next season, 12 months before PNG’s entry, and that’s what rang alarm bells for Wests Tigers chiefs.

This masthead can reveal at least one PNG-related third-party deal, negotiated by his management, has already been registered for Luai with the NRL as required under salary-cap rules.

And because PNG won’t enter the league until 2028, Luai’s TPA had to be lodged via his existing club, the Wests Tigers, which went down like a lead balloon at Concord.

Luai’s PNG third-party sponsorship was approved by Tigers coach Benji Marshall, who had asked club hierarchy to be made aware of any TPA deals for his playing group.

Aside from the absurdity of the Tigers having to lodge a TPA deal with links to a rival team from a foreign country, the other sticking point surrounded the impact of the agreement, and how Luai stood to service it while still playing for the Tigers.

Luai’s third-party commitments to the Papua New Guinea conglomerate begin next season. It means the newly-signed Parramatta star will be required to undertake trips to Port Moresby in 2027 to actively service the deal with his Pacific sponsors while on the Eels’ payroll.

That was a scenario that angered Wests Tigers bosses, especially when the club faces outlaying millions to upgrade their next wave of young guns headlined by Samuela Fainu.

So the Tigers made the decision to expedite Luai’s release, believing his impending commitment to the Chiefs - not only on the field but off it - could destabilise their push for finals and premiership credibility next season under Marshall.

Sources close to negotiations say at least one of Luai’s third-party deals in PNG could be valued at $1 million next season.

Over the duration of his Chiefs contract, which expires in 2030, Luai stands to make at least $3 million from TPAs, and potentially more if his profile and gravitas swells in coming years as PNG’s marquee recruit in a nation besotted with rugby league.

Such was the angst over Luai’s third-party interest, Tigers CEO Shaun Mielekamp made internal inquiries on how best to handle the matter. Contacted on Wednesday, Mielekamp declined to discuss Luai’s third-party situation, saying he wished the playmaker well at the Eels.

“I don’t want to comment on that, that’s noise we don’t need,” he said. “Jarome has been absolutely professional. “He has brought plenty to this club. “We will be forever grateful and we have a job to do now to finish this season on a high. “I’m looking forward to Jarome leading us around for that.”

A well-placed source said the demands Luai would face in servicing his PNG third-party deals was the final straw for the Tigers.

“The Tigers are having to deal with third parties Jarome has with PNG because the Chiefs aren’t in the comp yet,” the insider said.

“Wests Tigers have been hit with a whole range of third parties for Jarome that they have to lodge, yet the Tigers get no benefit from it.

“More importantly, Jarome Luai has to service them next year while playing for the Wests Tigers, or now the Eels.

“It’s a major part of the reason why the Tigers decided to move on.

“They may as well take the money and upgrade and extend young players they’ve got.”
 
kade7 said:
dont get caught up in the hype of the media saying $500k

luke laulili was moved to front end the payment the club will only pay 200k next sesson

to the media that lurk this thread (you do) if one of you grows some nuts report the truth
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You know that's not going to happen. 😉
 
BlackWhiteGold said:
Suggestions around that this apparent $500k which we're chipping in is split between this season's cap (i.e. $300k) & next season's cap which is where the $200k came from.

If we had spare cap space for this season, it is smart cap management by the club to front-load $300k of the $500k.
Click to expand...
Apparently that’s why we let Luke L go early . It released an extra 100k , on top of the existing 100k so we front loaded luai by 200k , which made the hit to next season only 200k.
It’s been put out there by heaps of people , yet Blokenina bar , Braith and captain fickhead Riccio keep pushing the narrative . Why ? Because the source that told them this was happening was the eels .
I’m almost 💯 sure that’s where the info came from . Not from luai or the tigers . The moment they shopped him, the other clubs went running to ricchio and his parasite friends .
 
wstigers11 said:
How $3 million PNG third party deal triggered Jarome Luai’s early exit from Tigers

It is the $3 million third-party deal with Papua New Guinea that convinced Wests Tigers to jettison Jarome Luai.

Luai’s impending third-party commitments to his future NRL employer, PNG, and the multimillion-dollar ramifications for the Tigers, was a critical factor in the joint-venture club’s decision to part ways with the playmaking superstar.

Luai will embark on a one-year cameo with the Eels next season before taking up a tax-free, $3.6 million, three-year deal to spearhead the Chiefs in their foundation year in the NRL in 2028.

But while Luai’s debut with the Chiefs is still 18 months away, it is a mega third-party deal, brokered with a PNG corporation, that sealed his fate at the Tigers.

The lucrative third-party agreement (TPA), said to be worth north of $3 million, tax-free, over a four-year period, will be activated from next season, 12 months before PNG’s entry, and that’s what rang alarm bells for Wests Tigers chiefs.

This masthead can reveal at least one PNG-related third-party deal, negotiated by his management, has already been registered for Luai with the NRL as required under salary-cap rules.

And because PNG won’t enter the league until 2028, Luai’s TPA had to be lodged via his existing club, the Wests Tigers, which went down like a lead balloon at Concord.

Luai’s PNG third-party sponsorship was approved by Tigers coach Benji Marshall, who had asked club hierarchy to be made aware of any TPA deals for his playing group.

Aside from the absurdity of the Tigers having to lodge a TPA deal with links to a rival team from a foreign country, the other sticking point surrounded the impact of the agreement, and how Luai stood to service it while still playing for the Tigers.

Luai’s third-party commitments to the Papua New Guinea conglomerate begin next season. It means the newly-signed Parramatta star will be required to undertake trips to Port Moresby in 2027 to actively service the deal with his Pacific sponsors while on the Eels’ payroll.

That was a scenario that angered Wests Tigers bosses, especially when the club faces outlaying millions to upgrade their next wave of young guns headlined by Samuela Fainu.

So the Tigers made the decision to expedite Luai’s release, believing his impending commitment to the Chiefs - not only on the field but off it - could destabilise their push for finals and premiership credibility next season under Marshall.

Sources close to negotiations say at least one of Luai’s third-party deals in PNG could be valued at $1 million next season.

Over the duration of his Chiefs contract, which expires in 2030, Luai stands to make at least $3 million from TPAs, and potentially more if his profile and gravitas swells in coming years as PNG’s marquee recruit in a nation besotted with rugby league.

Such was the angst over Luai’s third-party interest, Tigers CEO Shaun Mielekamp made internal inquiries on how best to handle the matter. Contacted on Wednesday, Mielekamp declined to discuss Luai’s third-party situation, saying he wished the playmaker well at the Eels.

“I don’t want to comment on that, that’s noise we don’t need,” he said. “Jarome has been absolutely professional. “He has brought plenty to this club. “We will be forever grateful and we have a job to do now to finish this season on a high. “I’m looking forward to Jarome leading us around for that.”

A well-placed source said the demands Luai would face in servicing his PNG third-party deals was the final straw for the Tigers.

“The Tigers are having to deal with third parties Jarome has with PNG because the Chiefs aren’t in the comp yet,” the insider said.

“Wests Tigers have been hit with a whole range of third parties for Jarome that they have to lodge, yet the Tigers get no benefit from it.

“More importantly, Jarome Luai has to service them next year while playing for the Wests Tigers, or now the Eels.

“It’s a major part of the reason why the Tigers decided to move on.

“They may as well take the money and upgrade and extend young players they’ve got.”
Click to expand...

If true full credit to the club for the stance they have made.
 
BlackWhiteGold said:
Suggestions around that this apparent $500k which we're chipping in is split between this season's cap (i.e. $300k) & next season's cap which is where the $200k came from.

If we had spare cap space for this season, it is smart cap management by the club to front-load $300k of the $500k.
Click to expand...
It certainly is a smart way for our cap, but the original discussion was how the $500k was not an amount we were paying.

If the above is correct, we are paying Jerome $500k not to play for us next year which was what was being reported
 
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